Indianapolis News

Data center and network services company US Signal has been fully acquired by investment firm Igneo Infrastructure Partners. The investment, which was initially disclosed in September 2022, is Igneo's first in the US telecommunications and digital infrastructure industry. In light of the trans...

DataBank is collecting $715 million on the market for asset-backed securities (ABS) to develop its data center infrastructure. Kroll Bond Rating Agency has disclosed in a pre-sale report information on the financing. The deal's issuer and co-issuer are represented by DataBank Issuer, LLC and D...

Lumen has announced that it will sell its Europe, Middle East, and Africa (EMEA) operations to Colt in a $1.8 billion deal. The deal will see Lumen divest its EMEA business, including its data centers, terrestrial and subsea networks, and network equipment in the EMEA region, to Colt. The deal...

DataBank has announced the opening of its latest Salt Lake City data center, SLC6. According to the company, the facility was built to meet the growing demand for increased capacity and mission-critical IT infrastructure.“We are pleased to open this new facility, providing additional capacity...

The Investment Management Corporation of Ontario (IMCO) will invest around US$450m in DataBank. The Canadian firm signed an agreement to invest the funds as part of DataBank’s recapitalization process. DataBank is expected to close the deal in Q4 2022. The Chief Investment Officer of IMCO, Ros...

DataBank has announced the acquisition of an existing data center and 18-acre land in Atlanta, Georgia. The property acquired is located at 200 Selig Drive, Atlanta. Although the company did not reveal the transaction terms, CoStar reports that DataBank paid $10.9 million for the property. The...

DataBank has announced that it is expanding its SNA2 data center in Irvine, California. The expansion will see the company add 4MW of critical power and 24,000 square feet (2,200 square meters) of raised floor space. The facility currently offers 4MW of critical power and 3,100 square meters (...

Netrality Data Centers has announced the acquisition of a facility in Indianapolis belonging to 365 Data Centers. The facility is located at 701 W Henry Street on the Indy Telcom campus. It offers 10,836 square feet of colocation space. The terms of the transaction were not revealed.Netrality ...

DataBank has announced that it will be expanding its LAS1 data center in Las Vegas, Nevada. The facility is located at 7185 Pollock Drive. DataBank will add 929 square meters (10,000 square feet) of data center space to the facility. Upon completion of the expansion, the data center’s total sp...

DataBank has announced that it has completed and closed the acquisition of four data centers from CyrusOne. The data centers are all located in Houston, Texas. The deal was also worth $670 million. DataBank sees over 300,000 square feet of raised-floor data center capacity through the acquisit...

AT&T has signed two solar Power Purchase Agreements (PPAs) with Vitol, an energy trader, it has announced. The virtual PPAs are for approximately 80MW and 75 MW at solar projects in Maryland and Pennsylvania. The two projects are expected to be fully operational by 2022 and 2023, respectiv...

DataBank has announced the acquisition of a data center it was leasing in Denver, Colorado. The company plans to develop a new data center campus at the DEN2 facility. The data center is located at 6900 South Peoria Street, Colorado. DataBank did not reveal the details of the transaction. Acco...

DataBank has announced the creation of its Centennial Campus by purchasing following the purchase of the data center it leased in the Centennial municipality in Colorado. This purchase will enable the company to expand onto the adjacent plot, which will be home to its DEN5 data center. Sp...

Lumen Technologies has won a $1.2 billion contract from the US Department of Agriculture. Lumen is to deliver a fully integrated wide-area data transport service to over 9,500 US Department of Agriculture locations across the country and around the world. With this contract, Lumen will offer a...

Databank has announced that it is breaking ground on a new facility in Ashburn, Northern Virginia. This data center, IAD3, will initially have a capacity of 4MW of capacity expandable to 40MW and will span 200,000 sq ft (18,600 sqm). According to the company, the facility will be ready for ser...

Expedient has acquired a data center in Phoenix, which Blue Cross Shield formerly owned. The facility it acquired is located at 2475 West Townley Avenue. It is a 2.4MW capacity data center with 45,000 square feet of space. Expedient says the facility was built to Tier III standards. Expedient’...

Expedient has acquired a new data center in Franklin City, Wisconsin. The facility has 28,500 square feet of space, and it offers 1.2MW of critical power. It also has the capacity for over 8,000 physical servers. The facility will help Expedient serve its growing customer demand for cloud-base...

Lumen Technologies, formerly known as CenturyLink, has agreed to pay $275,000 to resolve a Civil Contempt Claim by the Department of Justice for its acquisition of Level 3 Communications Inc in 2016. The Justice Department accused Lumen (formerly CenturyLink) of violating the terms designed to...

DataBank has broken ground on its sixth Salt Lake data center, SLC6. The facility will see DataBank increase capacity to meet the increasing demand for mission-critical IT infrastructure in the Salt Lake City and Utah market. The site is located in Bluffdale, between Utah’s Silicon Slopes and ...

Lumen Technologies has announced that it is selling its current local exchange carrier (ILEC) business in 20 states for $7.5 billion. The firm will be selling the business to Apollo Funds. Lumen Technologies currently operates the ILEC business under the CenturyLink name, and the business incl...